The Enhanced Capital Allowance (ECA) scheme is a part of the Government’s programme to manage climate change. It provides businesses with tax relief for investments in equipment that meet certain energy-saving criteria. Its main aim is to encourage businesses to invest in energy saving equipment.

The ECA scheme provides businesses with 100% first year tax relief on their corporation tax. This means that businesses can write off the whole cost of the equipment against taxable profits in the year of purchase. This can provide a cash flow boost and an incentive to invest in energy saving equipment.

Q: Is CETL smartMETERing and Data Services Eligible for ECA?
A: Yes.

“Component AMT equipment” is eligible for ECA – The Details:

Component-based AMT (Automatic Monitoring and Targeting) systems are permanently installed at a specific point of use. These are ideal for larger energy consumers with an unpredictable load. In order to be eligible for an ECA, component-based AMT systems must have three different components:

1. Metering

2. Automatic Meter Reading

3. AM&T Software

CETL's smartMETERing meets these requirements for ECAs.